Repair, maintenance and installation of machinery and equipment
No bankruptcy in the past twelve months.
Filed accounts
NACE 33190 · financial year 2025 · 67 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 37.0% | 35.9% | 43.2% | 39.9% | 43.6% | 38.9% |
| Median net result | €8,687 | €16,394 | €29,385 | €15,227 | €8,084 | €16,274 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 22-04-2025 | FEI EUROPE BV
BE 0479.061.125 |
| 07-04-2025 | Kassmi, Jamal
BE 0741.367.931 · sole trader · Waregem |
| 21-09-2022 | VAVOMEDIAM
BE 0838.906.775 |
Spread across the country
by region and province · 93 of 175 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 33 on the map, by municipality and down to the address
Largest employers
NACE 33190 as first main activity · staff from the latest accounts- 1 SORTALENSLier 46.0 FTEfinancial year 2025
- 2 CIRCUS SERVICESLiège 33.0 FTEfinancial year 2025
- 3 GESTECHerve 26.8 FTEfinancial year 2025
- 4 TM MONTAGESeraing 22.3 FTEfinancial year 2025
- 5 MECHANICAL MAINTENANCE COMPANYWavre 13.5 FTEfinancial year 2025
Joint committees
from the latest accounts of 16 companies- 126 Furnishing and woodworking 5
- 200 Auxiliary committee for white-collar workers 5
- 111 Metal, mechanical and electrical engineering 3
- 149.04 Metal trade 3
- 149 Sectors related to metal, mechanical and electrical engineering 2
- 201 Independent retail 1
- 209 White-collar workers in metal manufacturing 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 33: Repair and installation of machinery
Related activities
8 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Repair and maintenance of machinery33120 | 3,711 | 416 | 22 | 2,496 |
| Repair and maintenance of fabricated metal products33110 | 874 | 26 | 13 | 1,532 |
| Repair and maintenance of electrical equipment33140 | 634 | 72 | 5 | 130 |
| Repair, maintenance and installation of machinery and equipment33150 | 293 | 20 | 1 | 957 |
| Repair, maintenance and installation of machinery and equipment33130 | 203 | 20 | 1 | 37 |
| Repair, maintenance and installation of machinery and equipment33170 | 129 | 4 | 0 | 348 |
Show all 8 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Repair, maintenance and installation of machinery and equipment33160 | 115 | 4 | 0 | 393 |
| Repair, maintenance and installation of machinery and equipment33180 | 2 | 0 | 0 | - |
Bankruptcies per year in division 33
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 30 | 19 | 30 | 25 | 36 | 24 | 23 | 42 | 49 | 71 | 64 | 45 |
| Jobs lost | 178 | 31 | 191 | 70 | 78 | 62 | 58 | 135 | 108 | 413 | 188 | 148 |
2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Staff cost per FTE in NACE division 33
460 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €65,600 | €51,400 to €78,900 | 282 |
| 10 to 49 FTE | €74,700 | €63,000 to €84,900 | 144 |
| 50 to 249 FTE | €80,800 | €68,600 to €94,100 | 30 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 33Measured nationally: Of 108,621 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).
This counts companies with this main activity in the register on 9 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.
26 of the 3,778 companies in NACE division 33 have a parent company abroad. Main parent countries: Germany (4), Luxembourg (4) and Netherlands (4). Together they employ 2,126 of the division's 9,966 FTE: 21%, against 14% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €35.6m awarded
- Federal transfers 379,839 amount as published
- EU budget €11.2m attributed share
- EU research €6.3m EU contribution
Insights on Repair, maintenance and installation of machinery and equipment
Balance sheet and result. Return on equity of 21.5% is above Belgium's 15.9%. 14.9% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 38.9% is below Belgium's 46.1%.
Bankruptcies. The median bankruptcy probability of 0.7% is above Belgium's 0.2%.
Inflow and structure. Wallonia holds 42.2% of the seats, against 22.7% in Belgium. 46.9% of the companies are sole traders, against 41.6% in Belgium. This activity holds 2.4% of the registrations of Repair and installation of machinery.
Staff and filing. 45.2% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 142 of the 167 FTE: 84.7%.
Direction. Median solvency rose from 37.0% in financial year 2020 to 38.9% in financial year 2025. The median net result rose from €8,687 in financial year 2020 to €16,274 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 33190 exists.
The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 registrations publish no activity.
Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.